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通用动力（GD）与US Foods Holding Corp.（USFD）财务数据对比。点击上方公司名可切换其他公司
通用动力的季度营收约是US Foods Holding Corp.的1.4倍（$13.5B vs $9.8B），通用动力净利率更高（8.3% vs 1.9%，领先6.5%），通用动力同比增速更快（10.3% vs 3.3%），通用动力自由现金流更多（$2.0B vs $159.0M），过去两年通用动力的营收复合增速更高（6.1% vs 4.6%）
通用动力是总部位于美国弗吉尼亚州雷斯顿的工业科技企业，是全球领先的先进军工装备研发生产商，产品覆盖核潜艇、主战坦克、装甲战车等多种品类，同时生产湾流系列公务机，也提供信息技术服务，位列美国前百名国防承包商第三位。
US Foods Holding Corp.是美国第二大食品服务分销商，规模仅次于Sysco。公司服务覆盖独立餐厅、连锁餐饮、医疗保健、酒店、教育机构等共计25万个场点，为各类客户提供食品配送及相关供应链服务，业务覆盖场景十分多元。
GD vs USFD — 直观对比
营收规模更大
GD
是对方的1.4倍
$9.8B
营收增速更快
GD
高出7.0%
3.3%
净利率更高
GD
高出6.5%
1.9%
自由现金流更多
GD
多$1.8B
$159.0M
两年增速更快
GD
近两年复合增速
4.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $13.5B | $9.8B |
| 净利润 | $1.1B | $184.0M |
| 毛利率 | — | 17.6% |
| 营业利润率 | 10.5% | 3.3% |
| 净利率 | 8.3% | 1.9% |
| 营收同比 | 10.3% | 3.3% |
| 净利润同比 | 13.2% | 178.8% |
| 每股收益（稀释后） | $4.10 | $0.82 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GDUSFD
| Q1 26 | $13.5B | — | ||
| Q4 25 | $14.4B | $9.8B | ||
| Q3 25 | $12.9B | $10.2B | ||
| Q2 25 | $13.0B | $10.1B | ||
| Q1 25 | $12.2B | $9.4B | ||
| Q4 24 | $13.3B | $9.5B | ||
| Q3 24 | $11.7B | $9.7B | ||
| Q2 24 | $12.0B | $9.7B |
净利润GDUSFD
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $184.0M | ||
| Q3 25 | $1.1B | $153.0M | ||
| Q2 25 | $1.0B | $224.0M | ||
| Q1 25 | $994.0M | $115.0M | ||
| Q4 24 | $1.1B | $66.0M | ||
| Q3 24 | $930.0M | $148.0M | ||
| Q2 24 | $905.0M | $198.0M |
毛利率GDUSFD
| Q1 26 | — | — | ||
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 17.2% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 17.6% |
营业利润率GDUSFD
| Q1 26 | 10.5% | — | ||
| Q4 25 | 10.1% | 3.3% | ||
| Q3 25 | 10.3% | 2.8% | ||
| Q2 25 | 10.0% | 3.7% | ||
| Q1 25 | 10.4% | 2.4% | ||
| Q4 24 | 10.7% | 3.2% | ||
| Q3 24 | 10.1% | 2.9% | ||
| Q2 24 | 9.7% | 3.6% |
净利率GDUSFD
| Q1 26 | 8.3% | — | ||
| Q4 25 | 7.9% | 1.9% | ||
| Q3 25 | 8.2% | 1.5% | ||
| Q2 25 | 7.8% | 2.2% | ||
| Q1 25 | 8.1% | 1.2% | ||
| Q4 24 | 8.6% | 0.7% | ||
| Q3 24 | 8.0% | 1.5% | ||
| Q2 24 | 7.6% | 2.0% |
每股收益（稀释后）GDUSFD
| Q1 26 | $4.10 | — | ||
| Q4 25 | — | $0.82 | ||
| Q3 25 | — | $0.67 | ||
| Q2 25 | — | $0.96 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $0.61 | ||
| Q2 24 | — | $0.80 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $3.7B | $41.0M |
| 总债务越低越好 | $6.3B | $5.1B |
| 股东权益账面价值 | $26.1B | $4.3B |
| 总资产 | $59.0B | $13.9B |
| 负债/权益比越低杠杆越低 | 0.24× | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资GDUSFD
| Q1 26 | $3.7B | — | ||
| Q4 25 | $2.3B | $41.0M | ||
| Q3 25 | $2.5B | $56.0M | ||
| Q2 25 | $1.5B | $61.0M | ||
| Q1 25 | $1.2B | $101.0M | ||
| Q4 24 | $1.7B | $59.0M | ||
| Q3 24 | $2.1B | $81.0M | ||
| Q2 24 | $1.4B | $405.0M |
总债务GDUSFD
| Q1 26 | $6.3B | — | ||
| Q4 25 | $8.1B | $5.1B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | $8.8B | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.6B |
股东权益GDUSFD
| Q1 26 | $26.1B | — | ||
| Q4 25 | $25.6B | $4.3B | ||
| Q3 25 | $24.4B | $4.5B | ||
| Q2 25 | $23.6B | $4.6B | ||
| Q1 25 | $22.2B | $4.6B | ||
| Q4 24 | $22.1B | $4.5B | ||
| Q3 24 | $23.0B | $4.6B | ||
| Q2 24 | $22.0B | $5.0B |
总资产GDUSFD
| Q1 26 | $59.0B | — | ||
| Q4 25 | $57.2B | $13.9B | ||
| Q3 25 | $57.6B | $14.0B | ||
| Q2 25 | $56.9B | $13.8B | ||
| Q1 25 | $56.6B | $13.7B | ||
| Q4 24 | $55.9B | $13.4B | ||
| Q3 24 | $57.3B | $13.5B | ||
| Q2 24 | $55.4B | $13.7B |
负债/权益比GDUSFD
| Q1 26 | 0.24× | — | ||
| Q4 25 | 0.32× | 1.18× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | 0.40× | 1.06× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 0.92× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $293.0M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $159.0M |
| 自由现金流率自由现金流/营收 | 14.5% | 1.6% |
| 资本支出强度资本支出/营收 | 1.5% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 1.59× |
| 过去12个月自由现金流最近4个季度 | $6.2B | $959.0M |
8季度趋势，按日历期对齐
经营现金流GDUSFD
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $293.0M | ||
| Q3 25 | $2.1B | $351.0M | ||
| Q2 25 | $1.6B | $334.0M | ||
| Q1 25 | $-148.0M | $391.0M | ||
| Q4 24 | $2.2B | $283.0M | ||
| Q3 24 | $1.4B | $270.0M | ||
| Q2 24 | $814.0M | $482.0M |
自由现金流GDUSFD
| Q1 26 | $2.0B | — | ||
| Q4 25 | $952.0M | $159.0M | ||
| Q3 25 | $1.9B | $236.0M | ||
| Q2 25 | $1.4B | $257.0M | ||
| Q1 25 | $-290.0M | $307.0M | ||
| Q4 24 | $1.8B | $178.0M | ||
| Q3 24 | $1.2B | $190.0M | ||
| Q2 24 | $613.0M | $413.0M |
自由现金流率GDUSFD
| Q1 26 | 14.5% | — | ||
| Q4 25 | 6.6% | 1.6% | ||
| Q3 25 | 14.7% | 2.3% | ||
| Q2 25 | 10.7% | 2.5% | ||
| Q1 25 | -2.4% | 3.3% | ||
| Q4 24 | 13.5% | 1.9% | ||
| Q3 24 | 10.4% | 2.0% | ||
| Q2 24 | 5.1% | 4.3% |
资本支出强度GDUSFD
| Q1 26 | 1.5% | — | ||
| Q4 25 | 4.2% | 1.4% | ||
| Q3 25 | 1.6% | 1.1% | ||
| Q2 25 | 1.5% | 0.8% | ||
| Q1 25 | 1.2% | 0.9% | ||
| Q4 24 | 2.7% | 1.1% | ||
| Q3 24 | 1.7% | 0.8% | ||
| Q2 24 | 1.7% | 0.7% |
现金转化率GDUSFD
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | 1.59× | ||
| Q3 25 | 1.99× | 2.29× | ||
| Q2 25 | 1.58× | 1.49× | ||
| Q1 25 | -0.15× | 3.40× | ||
| Q4 24 | 1.88× | 4.29× | ||
| Q3 24 | 1.52× | 1.82× | ||
| Q2 24 | 0.90× | 2.43× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GD
暂无分部数据
USFD
| Product One | $3.5B | 36% |
| Product Two | $1.7B | 17% |
| Product Three | $1.7B | 17% |
| Product Four | $985.0M | 10% |
| Product Five | $901.0M | 9% |
| Product Six | $580.0M | 6% |
| Product Seven | $485.0M | 5% |
